All Forum Posts by: Sam Amin

@Michael J. Lemus Hi Michael, the ring cities in Metro Detroit (ones touching Detroit border but are in suburbs) will be a great start for you. Please check out this blog in completed deal diaries: https://www.biggerpockets.com/...
Would love to connect and help!

Hi @Johnson Yu, we are a full service real estate company in Metro Detroit. Currently managing 200+ rental units and flipped over 40 homes in the last 7 years. Would love to connect and help!

Hi Carlos, I own properties in Warren and Roseville and my PM Company manages 200+ units in metro Detroit, let's connect! Happy to help. 

@Carlos Kishek

@Calvin Ozanick I have heard good things about Lima1 as well. Will give them a try! Thanks Calvin. 

@Jay Oca Hi Jay,
The filing fee is $25/year and must be filed by Feb 15th of each year. To file online, simply log-in to the Corporations Online Filing System using the following link: www.michigan.gov/corpfileonline. You will need your Customer ID number (CID) and PIN, which can be obtained using the CID/PIN Recovery Page at www.michigan.gov/corppin.

Let me know if you need any other real estate help in Michigan!

@Lisa Gould Glad you enjoyed the read! I am also new to BP :-) 
Biggest challenge in Michigan (not sure of other markets because I haven't invested anywhere outside of MI, yet) is finding reliable contractors. I have a property management company as well which my wife operates, so sometimes I have no option but to borrow contractors from her but they are only good for small projects. They haven't been able to deliver on big jobs as per my expectation. E.g. the crew that finished the rehab on Alvina for me, did a phenomenal job. So I hired them again for another project (much larger) in Boston Edison Historic District. It was supposed to be a 2.5 months project but they took 6 months to finish 90% of it and then started ghosted me. Thankfully I have a project manager who was supervising them daily so we didn't end up overpaying them. But loss of time costed me more than loss of money. We had to get our property management contractors/handyman onboard to finish the project up. The quality was not as great as it should have been but we got lucky due to it being a seller's market and got under contract within 1 day of listing! I will share the story of that project once (fingers crossed!) the deal closes.

Have you invested in any flip projects or rentals in Michigan?
What areas? How has your experience been so far? 

@Account Closed Thank you Rachel! 

Hi Joy,

If you are referring to eviction process then Detroit is a nightmare and not landlord friendly. 

Hi Arsen,

We come across tired landlords in Oakland County (rare but happens) and I will keep this in mind.  

Few questions:

• Do you have any preference in cities? 
• Looking for retail or wholesale deals? 
• How many beds/bath? Basement/Garage?
• Vacant or tenant-occupied properties? 
• Preferred ROI?

I look forward to connect with you!

@Jesse Hopcus @Alberto Nikodimov Hi Jesse & Alberto, I am new to BP but I have been helping OOS investors in Metro Detroit (all suburbs touching Detroit) for the last 7 years. I would love to connect!